Debt Stress

Delinquency Rate on Consumer Loans (ex credit card)

Non-credit-card consumer loan delinquency

What is the current Delinquency Rate on Consumer Loans (ex credit card)?

CONSUMER LOAN DELINQUENCY RATE
2.27% ↓ Improving
of consumer loan balances are delinquent
One year ago
2.43% ↓ Improving
down 0.2 points since Q4 2024

The delinquency rate on consumer loans excluding credit cards — covering auto loans, personal loans, and other non-revolving consumer credit — was 2.3% in Q4 2025, according to the Federal Reserve Board. This measure isolates installment loan performance from the higher-volatility credit card segment, providing a cleaner signal of consumer repayment capacity on fixed-payment obligations like auto loans and personal loans. Source: Federal Reserve via FRED (DROCLACBS).

Non-card consumer loan delinquency has eased to 2.27% from a 2024 peak of 2.43% — but remains 50% above the 2021 floor.

This is the quietest delinquency series in the consumer credit panel. Personal loans, installment loans, point-of-sale loans — everything that isn't a credit card or an auto loan or a mortgage. The Board of Governors reports it quarterly alongside the more-watched card and mortgage series, and it gets cited less often because it's usually boring.

At 2.27% in Q4 2025, the rate has drifted down from 2.43% in Q4 2024. Read as a recent trend, that's easing. Read against the 1.48% floor reached in Q4 2021 during peak stimulus, it's still more than 50% higher — and well above the 2.09% pre-pandemic average.

The series moves more slowly than credit cards because these loans are smaller and the terms are shorter. The same borrowers running up Credit Card Delinquency are typically also using buy-now-pay-later and personal loans, but those obligations cycle faster — a 6-month installment loan is resolved or written off before a credit card delinquency fully matures.

The modest easing here mirrors the pattern in card delinquency. The modest easing sits in the recovery range of a labor market that hasn't yet fully rolled over — short of pre-pandemic norms., with All-Loan Charge-Offs still rising and Serious Delinquency still climbing on the NY Fed side. The inputs to future delinquency are all still pointing up.

Source: Board of Governors via FRED · Latest: 2025-Q4

Explore Further

How has Delinquency Rate on Consumer Loans (ex credit card) changed over time?

CSV Chart Card
Non-card consumer loan delinquency has edged lower
Consumer loan delinquency rate, excluding credit cards
Delinquency Rate on Consumer Loans (ex credit card)
Historical data
Quarterly · Board of Governors via FRED
Period Value YoY Change
Q4 2025 2.27% −0.2 pts
Q3 2025 2.33% +0.1 pts
Q2 2025 2.39% +0.2 pts
Q1 2025 2.38% +0.2 pts
Q4 2024 2.43% +0.3 pts
Q3 2024 2.19% +0.1 pts
Q2 2024 2.2% +0.2 pts
Q1 2024 2.14% +0.1 pts
Q4 2023 2.14% +0.3 pts
Q3 2023 2.09% +0.3 pts
Q2 2023 2.02% +0.2 pts
Q1 2023 2% +0.4 pts

Frequently Asked Questions

What is the consumer loan delinquency rate excluding credit cards?

The consumer loan delinquency rate excluding credit cards was 2.3% in Q4 2025, per the Federal Reserve Board (FRED series DROCLACBS). This rate covers auto loans, personal loans, and other installment consumer credit at commercial banks, excluding revolving credit card balances.

Why exclude credit cards from consumer loan delinquency?

Credit cards have structurally higher delinquency rates and different payment dynamics than installment loans. Separating them reveals the performance of fixed-payment obligations — auto loans, personal loans — where missed payments more directly signal income disruption rather than revolving balance management.

How does this relate to credit card delinquency?

The all-bank credit card delinquency rate (2.94% in Q4 2025) runs higher because revolving credit is easier to fall behind on. When non-card consumer loan delinquency rises alongside credit card delinquency, it signals broader household payment stress — not just credit card overextension.

How does consumer loan delinquency connect to the American Distress Index?

Consumer loan delinquency is a component of the Debt Stress dimension in the American Distress Index, which carries 41.6% of the composite score — the largest share of any component. It complements credit card delinquency and mortgage delinquency to capture the full spectrum of household debt performance across loan types.

Where does this data come from?

The Federal Reserve Board publishes this quarterly as part of its Charge-Off and Delinquency Rates on Loans and Leases at Commercial Banks report. American Default tracks it via the FRED series DROCLACBS, which covers all commercial banks.

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Why does Delinquency Rate on Consumer Loans (ex credit card) matter?

Delinquency Rate on Consumer Loans (ex credit card) is one of 91 indicators in the American Distress Index's debt stress layer — the signal that predicted the 2008 crisis two years before delinquency data confirmed it.
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